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Your foreign exchange trader in the United States has quoted the following rates for the Swiss Francs spot, 1-month, 3-month, and 6 month: $0.5965/72 50/61
- Your foreign exchange trader in the United States has quoted the following rates for the Swiss Francs spot, 1-month, 3-month, and 6 month:
$0.5965/72 50/61 127/143 242/267
- If you wished to buy 1,000,000 3-month Swiss Francs, how much would you pay in dollars?
- If you wanted to buy 1,000,000 6-month dollars, how much would you pay in Swiss Francs?
- In New York, three month treasury bills yield 11% per annum, Using ask quotes only for simplicity, calculate the yields on Swiss three-month bills.
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